Covalent X Token vs Layer3 — how do they compare? Covalent X Token trades at Rp42.28 (market cap Rp41,04M, Rp2,74M 24h volume), while Layer3 trades at Rp72.85 (market cap Rp107,51M, Rp13,61M 24h volume). The key difference: Layer3 is far larger — about 2.6× Covalent X Token's market cap, and Covalent X Token's circulating supply is 972,3M / 1B CXT (98%) versus 1,5B / 3,3B L3 (45%) for Layer3. Which is the better fit depends on your goals — on Pluang, investors hold Covalent X Token for 5 Days and Layer3 for 9 Days on average.
| CXT | L3 | |
|---|---|---|
Market Cap | Rp41,04M | Rp107,51M |
Volume (24h) | Rp2,74M | Rp13,61M |
Circulating Supply | 972,3M / 1B CXT (98%) | 1,5B / 3,3B L3 (45%) |
Typical Hold Time | 5 Days | 9 Days |
What Pluang investors did over the last 30 days
CXT is the utility and governance token of the Covalent Network, which safeguards Ethereum’s historical data. It is used for staking and enables holders to participate in decentralized governance. The network enhances data availability for developers building on the Ethereum ecosystem.
Read more on CXT →Layer3 is a multi-utility token with a total supply of 3,333,333,333 tokens, designed to support a staking ecosystem with layered rewards and burn mechanisms. Users can stake L3 to earn passive income and unlock additional governance tokens (e.g., OP, ARB) through active participation. Burning L3 tokens grants access to the Layer3 network, allows for quest posting, and facilitates the use of CUBE credentials—unique identifiers for omnichain achievements. Burned tokens also provide perks across partner ecosystems, such as early access, fee discounts, exclusive NFTs, and more.
Read more on L3 →